“We remain confident in our guidance for total Small Business and Self-Employed group of 19% to 20% revenue growth this year.”

In context

“refreshed international strategy, which includes leading with Mailchimp. On a constant currency basis, total international online ecosystem revenue grew 17% in Q2. Desktop Ecosystem revenue grew 10% in the second quarter. The subscription model for our desktop accounting solution makes this revenue more predictable. And we raised our desktop prices for several products in September, to more closely align with pricing for value. We're about halfway through the three-year transition to a subscription model for Desktop. QuickBooks Desktop Enterprise revenue grew high teens during the quarter. We expect continued strong Desktop Ecosystem revenue growth, as we progress through the back half of the fiscal year. We continue to expect the online ecosystem to be our growth catalyst going forward. We remain confident in our guidance for total Small Business and Self-Employed group of 19% to 20% revenue growth this year. Consumer Group revenue of $516 million grew 26% in Q2, reflecting a faster forming season this year. We remain confident in our guidance for Consumer Group of 9% to 10% revenue growth for fiscal 2023. Turning to the ProTax Group, revenue grew 7% in Q2, in line with our expectations. Credit Karma delivered revenue of $375 million in Q2, down 16%. This was slightly ahead of our expectations in its seasonally smaller quarter. As a reminder, Credit Karma represented 14% of our total revenue in fiscal 2022. On a product basis, the decline was driven primarily by headwinds in personal loans, home loans, auto insurance and auto loans, partially offset by growth in credit cards and Credit Karma Money. We continue to see an impact across all verticals in this uncertain macro environment. In credit”